document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=328865>Question 328865</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Sam has a savings account that increased in value over a twelve month period from $8765.00 to $9006.04. He made no deposits or withdrawals in that time. What percent interest did he recieve for the 12 month period? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #235651 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley77><B>checkley77(12844)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley77><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=235651\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 8765(1+X)^1=9006.04<BR>\n" );
document.write( "8765+8765X=9006.04<BR>\n" );
document.write( "8765X=9006.04-8765<BR>\n" );
document.write( "8765X=241.04<BR>\n" );
document.write( "X=241.04/8765<BR>\n" );
document.write( "X=.0275 OR 2.75% INTEREST RATE. </SPAN>\n" );
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